Tag Archives: Markets

The Securities and Exchange Commission is sending a letter to U.S. public companies asking firms evaluate their disclosure obligations, including a “specific tailored disclosure,” about how recent crypto bankruptcies and broader financial distress across the digital asset market may have hit their business. The letter is intended to illustrate the type of comments the securities agency might send to public companies. “In meeting their disclosure obligations, companies should consider the… Source link

US-based instalment service Splitit has partnered with Google to add its Instalments-as-a-Service solution to the Google Store in the US, Canada, and Australia.   The white-label service enables customers to pay in instalments using their existing credit on their payment card at checkout. Through the agreement signed with Google and certain of its affiliates, the solution will be extended to the aforementioned markets in addition to Japan, for which Splitit signed an initial… Source link

The key to unlocking better performances for stocks and the IPO market in 2023 boils down to strong execution by the Federal Reserve on its policy actions, according to New York Stock Exchange President Lynn Martin. “I think the markets will continue to try to find their footing,” Martin said on Yahoo Finance Live (video above). “The one thing markets don’t like is to be surprised.” Martin, who is coming up on her one-year mark leading the iconic NYSE, explained the Fed has surprised investors… Source link

(Bloomberg) — US stock futures declined Monday and Treasury yields rose as a cautious tone from a Fed speaker tempered some of the ebullience that inflation may have peaked. Most Read from Bloomberg Contracts on the tech-heavy Nasdaq 100, typically more sensitive to interest rates, slipped 0.6% while those on the S&P 500 dropped 0.4%. Losses in New York premarket trading were concentrated in tech names, with Tesla Inc., chipmakers Nvidia Corp., Intel Corp. and Micron Technology Inc. shedding… Source link

Google today announced it’s expanding its user choice billing pilot, which allows Android app developers to use other payment systems besides Google’s own. The program will now become available to new markets, including the U.S., Brazil and South Africa, and Bumble will now join Spotify as one of the pilot testers. Google additionally announced Spotify will now begin rolling out its implementation of the program starting this week. The company had first announced its intention to… Source link

Wall Street is growing more cautious on the outlook for corporate profits amid persistent inflation and rising interest rates, and Mr. Market may be starting to take notice. Down goes profits. Fourth quarter earnings estimates for the S&P 500 have tanked 4.9% since Sept. 30, according to new research from Credit Suisse strategist Jonathan Golub. Energy profits remain strong. The downward revisions have been most acute in the tech space as the sector deals with slowing growth, which has led to… Source link

(Bloomberg) — US stocks swung between gains and losses as investors parsed fresh economic data and disappointing earnings while mulling the Federal Reserve’s path after the Bank of Canada announced a smaller-than-expected rate hike. Most Read from Bloomberg The S&P 500 struggled for direction. The tech-heavy Nasdaq 100 pared losses that topped 2%. Treasuries rallied after data showed the US merchandise-trade deficit widening. Sales of new US homes fell in September, another indication that… Source link

(Bloomberg) — Stocks in Europe pared gains and US futures turned lower as a rout in Chinese shares weighed on global equities. Treasury yields fell and the dollar gained. Most Read from Bloomberg The Stoxx Europe 600 Index held an advance of about 0.6% after rising as much as 1.4% at the open. Prosus NV slumped more than 11%, while basic resources and energy stocks weighed on the benchmark amid a fall in crude oil and gas prices. Contracts on the S&P 500 and Nasdaq 100 fluctuated before… Source link

With impressive online views at over 2,400,000+ for the first 4 hours of the Live broadcasting Asia’s Top Leaders Gather to Share the Latest Market Trends of Investment and Technology Michael Tien Puk-sun BBS JP, Member of the Hong Kong Legislative Council and Stan Shih, Acer Group, Co-founder & Honorary Chairman share latest market updates HONG KONG , Oct. 19, 2022 /PRNewswire/ — Yahoo Finance, the world’s leading financial information platform, successfully launched the first “Yahoo Finance… Source link

With impressive online views at over 2,400,000+ for the first 4 hours of the Live broadcasting Asia’s Top Leaders Gather to Share the Latest Market Trends of Investment and Technology Michael Tien Puk-sun BBS JP, Member of the Hong Kong Legislative Council and Stan Shih, Acer Group, Co-founder & Honorary Chairman share latest market updates HONG KONG , Oct. 19, 2022 /PRNewswire/ — Yahoo Finance, the world’s leading financial information platform, successfully launched the first “Yahoo Finance… Source link